Filed Chapter 13 bankruptcy 1 year back. I have been making payments every month. I made the last payment in March. I can pay this month too. But that’s it. What should I do now? Boss reduced my wage by 20%. What to do.
Well, you're not in a soup
because Trump is with you. You can appeal to the bankruptcy for a plan
modification since your finances have been affected. If your boss has
reduced your paycheck due to the after-effects of COVID-19, then you can
even request the court to extend your Chapter 13 bankruptcy repayment
plan until 7 years.
President Trump has signed the
CARES Act to provide $2 trillion stimulus package for the people in our
country. Besides, it has made some temporary amendments in the laws to
provide relief to the people affected due to COVID-19. So, if you are
going through hardship due to COVID-19, you can request the court to
extend the repayment plan for up to 7 years.
Hi Alexandria!
Your bank or credit union may have offered some debt forbearance, debt
deferment, or other types of the debt assistance program.
Many credit card issuers have offered financial hardship assistance as
well.
So, call your lending authority and ask them if they are providing any
kind of customer assistance or not.
![DebtConsolidationCare [A+ on BBB] Logo](/sites/www.debtconsolidationcare.com/themes/bootstrap_forums_subtheme/forums/images/dtcc-logo.png){kind=logo}
Sub: #1 posted on Tue, 04/21/2020 - 21:06
(Posts: 394 | Credits: )
Sub: #2 posted on Fri, 04/24/2020 - 04:30
(Posts: 1238 | Credits: )
Sub: #3 posted on Thu, 04/30/2020 - 03:47
(Posts: 273 | Credits: )
Your bank or credit union may have offered some debt forbearance, debt deferment, or other types of the debt assistance program.
Many credit card issuers have offered financial hardship assistance as well.
So, call your lending authority and ask them if they are providing any kind of customer assistance or not.
Sub: #4 posted on Thu, 04/30/2020 - 09:29
(Posts: 249 | Credits: )